The Philippines wind energy market reached almost 1.80 TWh in 2025. The market is projected to grow at a CAGR of 19.10% between 2026 and 2035 to reach around 10.34 TWh by 2035.
Base Year
Historical Period
Forecast Period
In 2024, wind energy constituted 3.1% of renewable energy production in the Philippines.
By 2030, wind energy is expected to account for 11.7% of renewable energy production.
The offshore wind energy potential of the Philippines is 178 GW.
Compound Annual Growth Rate
19.1%
Value in TWh
2026-2035
*this image is indicative*
| Philippines Wind Energy Market Report Summary | Description | Value |
| Base Year | TWh | 2025 |
| Historical Period | TWh | 2019-2025 |
| Forecast Period | TWh | 2026-2035 |
| Market Size 2025 | TWh | 1.80 |
| Market Size 2035 | TWh | 10.34 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 19.10% |
| CAGR 2026-2035 - Market by Location | Offshore | 23.4% |
| CAGR 2026-2035 - Market by Application | Utility | 21.8% |
| 2025 Market Share by Location | Offshore | XX% |
The Philippines is planning to reduce the share of coal-based power in its energy mix to 47.6% by 2030, from nearly 60% in 2024. While the share of hydropower and geothermal energy in the country’s energy mix is expected to fall to 9.1% and 7.7% respectively, the government is expected to quadruple the share of wind energy in its energy mix by 2030 to meet the rising demand for electricity from the population.
As per the World Bank, the Philippines has the potential to increase its offshore wind power generation capacity to 21 GW by 2040. The country has numerous onshore wind energy farms, with an overall capacity of 443 MW. The Burgos Wind Farm, with a capacity of 150 MW, is the largest wind energy farm in the Philippines. Other major wind energy farms in the country include the San Lorenzo Wind Farm (54 MW), Caparispisan Wind Farm (81 MW), and the Pililla Wind Farm (54 MW), among others. The Philippines’ government aims to increase the share of renewable energy in its energy mix to 15.3 GW by 2030. The National Energy Program aims to increase the wind power generation capacity by 2345 MW before 2028. This is expected to drive market growth in the forecast period.
"Philippines Wind Energy Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Location
Market Breakup by Application
| CAGR 2026-2035 - Market by | Location |
| Offshore | 23.4% |
| Onshore | XX% |
| CAGR 2026-2035 - Market by | Application |
| Utility | 21.8% |
| Non-Utility | XX% |
Based on application, the market is divided into utility and non-utility. Over the forecast period of 2026-2035, utility is projected to grow at a CAGR of 21.8% due to the anticipated expansion of the power utility grid in the Philippines.
The development of onshore wind energy projects in the Philippines is expected to gain momentum with the tendering of development rights for wind energy farms to major multinational and domestic companies.
Philippines Wind Energy Companies
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The market reached nearly 1.80 TWh in 2025.
The market is projected to grow at a CAGR of 19.10% between 2026 and 2035.
The market is assessed to witness healthy growth in the forecast period to reach around 10.34 TWh in 2035.
The different locations for harnessing wind energy include onshore and offshore.
The different applications of wind energy are utility and non-utility.
The key market players are ACEN CORPORATION, Ayala Corporation, Alternergy Holdings Corporation, and Triconti, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Location |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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